CATEGORY: OBG CEO Surveys
South-east Asia’s largest consumer market and one of its most dynamic growth destinations is now turning a corner in terms of business confidence and expectations, the latest OBG Business Barometer: CEO Survey shows. While for some time, both foreign and domestic investors in Indonesia cited infrastructure,n political uncertainty and frequent changes in legislation as their top concern, many now have an altogether more positive outlook.
In the realm of second investment chances, Vietnam is emerging as a global champion after bouncing back from a severe downturn.
Since 2011 Egypt’s economy has earned more than its fair share of bad headlines. From dwindling foreign reserves and slowing growth to rising debt and a widening deficit, it has not been an easy few years for the local market. However, recovery has begun in earnest, with OBG’s recent survey of 62 of Egypt’s senior corporate executives revealing a striking bullishness. Three-quarters of respondents expect to make a major investment over the next year, for example, and 80% are upbeat about the local business environment.